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Anil Ambani’s Adlabs aims to rule outsourcing businesses for film and TV
Adlabs Films, India’s largest multiplex chain, controlled by billionaire industrialist Anil Ambani, is launching one of the country’s biggest outsourcing businesses to service the global movie and television industries.
The new unit will digitise films and television shows from clients’ archives or libraries, restore old prints and adapt content for use in different formats, such as DVDs or mobile phones.
Its first contract is from the state-run National Film Archive of India in Pune to digitise and restore 1,000 films.
“One [area of work] is the old legacy content, which has to be converted into digital, including all these studio classics - Paramount, Mickey Mouse and all of that - and then there is all of the television content,” said Anil Arjun, chief executive officer of Adlabs.
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Adlabs gets govt approval for radio biz demerger
Anil Ambani-promoted Adlabs Films today said the government has approved the transfer of its radio business to Reliance Unicom.
“The Ministry of Information and Broadcasting has given its no-objection” to the transfer of operation of the FM radio licence to Reliance Unicom pursuant to the scheme of arrangement for the demerger of radio business of Adlabs Films, it said in a filing to the Bombay Stock Exchange.
Last year, the board had approved the scheme of demerger under which shareholders of Reliance Unicom would be issued one share for each share held in Adlabs Films.
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Adlabs’ BIG Cinemas to open five-screen multiplex in Chicago
Adlabs’ exhibition arm, BIG Cinemas, is opening its first BIG-branded cinema in the US, with a five-screen multiplex planned in Chicago.
The complex - in the Niles area of Chicago - will open on May 29.
BIG Cinemas-Golf Glen will have 950 seats in the five screens, plus a 60-set premium lounge. India House will manage the facility’s catering and bar.
The cinema will be digitally connected to Adlabs India — meaning that films can be transported from India within 4-6 hours over a fiber optic cable, negating the shipping of prints. The programming will be a mix of Hollywood, Indian, Polish and Korean films and will also have live telecasts of events such as cricket matches.
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Adlabs Films USA opens a new theatre in Niles, IL - USA under Big Cinemas
Adlabs Films USA Inc announces the opening of a new theater in Niles, IL under their brand “BIG CINEMASâ€.
The new 5-screen complex in Niles has an auditorium capacity of 1,300 seats per showing in 26,549 sq. feet of space.
The new theater is located in the Golf Glen shopping center, 9180 Golf Rd, Niles, IL.
The theatre offers all the amenities for which BIG CINEMAS is known, including leading edge technology, digital 2K projection, true stadium-style seating, 24-inch plush high back seats that rock with moveable armrests, Dolby Digital Surround and High Gain wall-to-wall screens and expanded concession menu with Indian & American snacks to choose from, Digital LCD menu boards and Digital LCD poster cases.
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Adlabs Films commences BPO business for digital restoration and content processing services
Adlabs Films, a Reliance Anil Dhirubhai Ambani Group company, on Thursday said it has commenced its BPO business for the media space providing digital restoration and content processing services.
The BPO would be a one-point solution for the transition from analog to digital and physical media to digital data, the company said in a statement here.
“The globalisation of media services is well underway. The comprehensive services of the media BPO enable a distinctive and complete offering to Adlabs worldwide clients,” Adlabs Films’ Chief Executive Officer, Anil Arjun, said.
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Reliance Adlabs Q3 2009 results: Net loss of Rs 26.86cr
Adlabs Films Ltd, Anil Dhirubhai Ambani group firm, today announced a consolidated net loss of Rs 26.86 crore for the third quarter ended December 31, 2008. The company had a consolidated net profit of Rs 20.49 crore in the same quarter last fiscal, Adlabs Films informed the Bombay Stock Exchange in a communique.
company’s Head of Marketing for India.
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Adlabs Films Q2 Results: Net loss at Rs 207.7 million
Adlabs Films Limited (ADLABS), a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, announced its results for the quarter ended September 30th 2008.
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